According to Yves Leterme, Prime Minister Acting laBelgique, the decision was not "totally unexpected". The announcement of the rating agency Standard & Poor's downgraded the sovereign rating Friday night in Belgium – the passing of AA + to AA – is nevertheless "naturally bad news."
In the viewfinder of the rating agency, the [...]
The fight against tax evasion is paying off. She has twenty countries struggling against leakage to tax havens in two years to recover 14 billion euros in revenue, according to the OECD. The organization, which held today and tomorrow's fourth Global Forum on transparency and exchange of information for tax purposes, also believes that [...]
Creditor banks in Greece will have to accept losses "substantial" in the new bailout of the country, warned Saturday the European Ministers of Finance. At a meeting Friday evening, the central bankers of the euro zone have "agreed to say that we had to have a substantial increase in the contribution of the banks' [...]
The contours of the nationalization of Dexia emerge. When Nicolas Sarkozy and Angela Merkel discussed the rescue of banks in the euro area in Berlin, Prime Minister François Fillon, his counterpart Yves Leterme and representatives of Luxembourg have them addressed this issue in a summit to looks like a marathon. And this morning, after [...]
Gold has not used its safe haven status
Everything came together last week to blow away the gold: a warning from the Fed on the U.S. economy, disappointing indicators in Europe and China and a worsening debt crisis in Europe. And yet, the yellow metal has not taken advantage of the panic in equity markets, [...]
Finally some good news for state coffers. The mobile operators are making a check for 936 million euros.
Thursday, Arcep, the telecoms regulatory authority has given the results of the first batches of spectrum being auctioned. Bouygues Telecom, Free Mobile, Orange and SFR have each acquired spectrum for the fourth generation mobile phone [...]
Fun Radio had a good 2010-2011 season, recording four audience records during the period. On the last wave Médiamétrie April-June, the station was credited with 7.8% of total audience. Bolstered by this success, the music radio group RTL to conquer the world. Already present in Belgium and Slovakia, Fun Radio has "grow out of [...]
After five consecutive gains, Wall Street switches to red. On Monday, the Dow finished the session on a drop of 0.94% to 11,401.01 points, the Nasdaq drops 0.36% to 2612.83 points while the S & P 500 was down 0.98% to 1204.09 points.
Operators are showing more and more skeptical about the ability [...]
The U.S. stock markets are in the green Tuesday. After starting in the red, the Dow gained 0.59% to 11,126 points in just over an hour of closing, while the Nasdaq climbed 1.59% to 2535 points and the S & P 500 1, 12% to 1175 points.
Investors have eyes turned to Europe, [...]
The year 2011 will be profitable for casinos in Asia. Reflected in the interim results of Galaxy Entertainment, one of six licensed casino operators in Macau. While its net profit fell by 20.4% over the first six months of the year, to 378.3 million Hong Kong dollars (33.6 million), under the weight of an [...]